Microsoft’s OpenAI Investment Could Face EU Probe

Microsoft’s OpenAI Investment Could Face EU Probe

Updated Jan. 9, 2024 8:12 am ET The European Union is considering whether to launch a review of Microsoft’s investment in ChatGPT maker OpenAI under the bloc’s merger regulations, a month after the U.K. said it was also weighing whether the tech partnership could have an impact on competition. The European Commission, the EU’s executive…

Opinion: Why pushing STEM majors is turning out to be a terrible investment

Opinion: Why pushing STEM majors is turning out to be a terrible investment

Republicans and Democrats don’t seem to agree on much these days. But despite the gridlock in Congress, both political parties have for years supported spending billions on Science, Technology, Engineering and Math (STEM) education. Their goals include reducing perceived shortages of STEM workers, boosting American innovation and competitiveness and diversifying this highly paid workforce. The…

Millions of gig workers could qualify as employees under new Biden-era rule

Millions of gig workers could qualify as employees under new Biden-era rule

Comment on this storyComment Add to your saved stories Save Millions of gig workers, janitors, home-care workers, construction workers and truckers could be considered employees rather than independent contractors under a final rule announced Tuesday by the Labor Department. The rule effectively expands the reach of federal labor laws that require employers to extend certain…

JetBlue will have new CEO as it awaits ruling on merger with Spirit

JetBlue will have new CEO as it awaits ruling on merger with Spirit

Comment on this storyComment Add to your saved stories Save JetBlue CEO Robin Hayes will step down after nine years in the role, the company announced Monday, to be succeeded by current president and chief operating officer Joanna Geraghty — making her the only current female executive of a major U.S. airline. The reshuffle comes…

GSK Expands Respiratory Pipeline With Aiolos Bio Buy

GSK Expands Respiratory Pipeline With Aiolos Bio Buy

Updated Jan. 9, 2024 3:07 am ET GSK is buying biopharmaceutical company Aiolos Bio for up to $1.4 billion in a deal that expands its respiratory pipeline and follows a string of pharmaceutical majors buying fast-growing biotechs to restock their pipelines. The British pharmaceutical giant said Tuesday that the deal to buy San Francisco and…

When ‘Contemporary Issues’ and Campus Politics Collide

When ‘Contemporary Issues’ and Campus Politics Collide

Anemona Hartocollis, a New York Times reporter who covers higher education, was at a holiday party when she overheard revelers talking about Claudine Gay, the president of Harvard University. The people Ms. Hartocollis writes about are not typically fodder for holiday party chatter. But the Harvard controversy, Ms. Hartocollis said in a recent interview, has…

ByteDance in Talks With Potential Buyers to Sell Game Titles

ByteDance in Talks With Potential Buyers to Sell Game Titles

TikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers. Chinese media LatePost reported Monday that ByteDance’s gaming unit Nuverse is negotiating to sell games to Tencent. A Bytedance spokesperson told The Wall Street Journal Tuesday that negotiations with…